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in the town hall meeting set to face than the obama admin is patient first unveiled its health healte plan to the american people, an awakening that continued with development of the tea party movements and an awakening that became real even do some skeptics in washington but a lot of the folks who pooh-poohed the new awakening monster jobs in november. [applause] remember when it all started and nancy pelosi -- you remember she used to be beaker of the house. [laughter] nanci polybius says this is a crest tops movement and initiated. i sat at a time when a member of congress and i worked to put together after. we all have to get to turn a town hall meetings. and if we ever get five or six or seven to go, that was considered a great success. no member of congress regardless of his ideology, regardless of his party, regardless of his willingness to stand with the president who went to his home district and phase 2000, 1500 or 2000 constituencies -- constituents are upset with the direction the country was taken could really sit back and see me at the company you are right about that. so as
. >> away in the back. -- way in the back. >> thank you. so far the obama administration has reacted to the events. what do you think they want as a first priority? do they want a major regime or do they want to have a transition government that they a military regime? why do they want? >> i think they want an orderly transition where everything stays the same. i think anything they do not like pales' on the street, but they are not in favor of the military coming in. that would be a huge -- that would not necessarily serve their interests in the long- term. i think they are trying to figure out how you strengthen and put your weight behind your moderate leadership. i would add that in a lot of arab countries right now, the leaders are transferring their money out. i would not be surprised if some of the delayed for president mubarak, his family, and his colleagues or because they are repositioning their assets. you could track their financial flows nc which leaders are most nervous. -- and see which leaders are most nervous. >> they prefer a peaceful transition. that is to say, the
of funds by the obama administration for democracy promotion was one aspect of what i referred to in my talk as they're turning away or running away from the bush freedom agenda. interestin point, i think, to realize that the general promotional liberal- democratic ideas and institutions has been a part of american national security policy from democratic and republican administrations for decades. president bush made it a particularly, highly-eliminated part of his -- highly- illuminated part of his policy, but it was not a radical departure from american foreign policy what was much more of a radical departure from traditional american foreign policy was what the obama administration did when it came in in cutting democracy-promotio funds and basically showing a lack of interest -- an affirmative lack of interest in democracy in russia or human rights and democratic considerations in russia, in china, in egypt, in saudi arabia, syria, and various other places where it had been an important part of the american agenda. the obama administration, and then, of course, in president obama's
on middle eastern issue to president obama during his middle eastern campaign. dr. yoram peri is the director of the new institute for israel studies at the university of maryland. he is also a former political adviser to the late israeli prime minister and former head of the institute for politics and society at televisa university. -- at tel aviv university. we will begin with dr. yoram peri. thank you. >> thank you very much. to say that a new chapter has started in the middle east would be the most banal cliche ever made. the status of our discussion is to talk about israel but it would be a mistake not to put it in the wider framework. there are very many questions. at least four questions that have been opened. the future of israel within the middle east depends on these questions. for four millennia egypt was the leading power in the region and [unintelligible] terrorism and even to modern cinema and the peace with israel. the question is what half will egypt take? will they continue to be a leader or withdraw into domestic issues and more introspective approach? that i
only 62 of president barack obama's judicial nominees in the past two years compared to 100 for george w. bush and 128 for bill clinton during the first two years of their president these. we had 875 federal judgeships and we now have 101 vacancies. that's an extraordinarily high number. 49 of those vacancies are described as judicial emergencies. most recently, the tragic death of judge john roll brought attention to this curse is. he was at the safeway in tucson to talk with gabby gifford about this very issue, about judicial vacancies in arizona and his death has resulted in arizona now been added to the list of emergencies. this vacancy crisis is obviously not a partisan issue. it's an issue about the integrity of our court and the administration of justice for the american people. on the heels of just as anthony kennedy, calling attention to this problem, a group of circuit judges led by chief judge alec kaczynski, a reagan appointee wrote to senators reid and mcconnell, urging them strongly to fill the vacant in chief justice robert highlighted this crisis in his year-end state o
for the george w. bush memorial library. >> treasury secretary timothy geithner unveils the obama administration plans for the future of the home mortgage companies fannie mae and freddie mac. speaking at a forum hosted by the brookings institution in washington, d.c., he talked about the future of fannie and freddie over the next five-seven years and reducing the government's role in the housing market in the future. the administration offers -- also proposes requiring a 10% down payment on home mortgages. this is about 30 minutes. >> 10 needs no introduction. he has been one of the key players with ben bernanke and larry summers and henry paulson in stemming the tide of this financial crisis and starting to turn the economy around. he also has been the architect of financial reform proposals that became the dodd-frank bill, and one of the piece is not included in that was what to do about the gses. today, they have released a white paper describing their plans on that issue. we're very delighted that you chose to come here to brookings to talk about it. let me ask you first of all if you would
of exercised executive thor, president obama and this administration and i will be in a position where they want to give up that authority, and now, having said that, i do think that one of the things that we are doing so differently in the america's great outdoors is we are listening to what communities want us to do. as one the exarpts within -- exarpts within the report is we will reach out to listen to communities across the united states to find out which of those areas they believe are the ones that are appropriate for monument designation under the antiquities ac and we hear from governors and congressional delegations where there is a unity of wanting to have these very special places protected. >> one of those places i'd like to see is the national park in the north woods in mains. you have to get the congress to go along with that, but i was wondering, do you get frustrated at all? i know you've been to pelican island, florida where the reserves were started and there's board walks and you look at all the things clinton and babbitt for able to decide. do you get frustrated wi
administration and ultimately approved under the obama administration and signed by the current attorney general. the key piece here, if i may, is that you have to -- obviously, there are going to be places where you have to do law enforcement investigations. in my view, you have to have a balanced approach of not just those law enforcement investigations, but you have to engage with those communities with other non-law enforcement elements of the u.s. government to make sure this is not an adversarial situation. in fact, this is a partnership. and as you know well, many of our tips to uncover active terrorist plots here in the united states have come from the muslim community. so we have to make quite clear that the communities are part of the solution and not part of the problem. and you do that through using a variety of tools, not just law enforcement. >> time of the gentlelady has expired. dr. brown of georgia. >> thank you, mr. chairman. secretary, director, i appreciate y'all being here today. i have several pressing questions for both of you. and in the limited amount of time, it will al
means. the obama -- osama bin laden tape, what is our responsibility? when he touches his left hand to signal another attack. where do we get guidance for that? we said we were going to be sensitive to issues that might imperil operations of national security. sensitive to it. it does not say what we are going to do, but we will try to tune it in. there was a time when we first deployed u.s. troops to lose pakistan -- to uzbekistan. was it is pakistan? was that the first place we ended up in? i think it was. -- is pakistan -- uzbekistan. we were approached and asked not to report that because it might jeopardize security. we chose not to report that. then if it leaks some other place and a pakistani news another network reported it in the u.s. so, a, what is your guidance to news organizations? and, b, how can you say i will not address that when it is going out through these other means? >> this is why that clash takes place. that is a great question. my standard was, whenever the president called me in the oval office and said were you the source i would give him a honest answer.
president obama. after that, a political debate between former democratic party chairman howard dean and dormers -- former house speaker newt gingrich at george washington university. on tamara "washington journal," we get an update on the political situation in cairo and the effect it could have on the arab world. steven cook joins us. after that, gary shapiro will talk about the ways the u.s. can improve innovation. gretchen morgenson of "the new york times" on her recent article on freddie mae and fannie mac. that is hear on c-span. this week, a federal judge in florida ruled the new health care law is unconstitutional. the senate judiciary committee will examine the legality of the old law. we will hear from two former solicitors general. live coverage begins at 10:00 a.m. eastern. >> there is no other way forward. we have to learn to work together as californians first, members of a political party second. >> today, step by step, we're putting ourselves on a better, more sustainable path, and pushing ahead on the road to growth. >> find and watching this year's state of the stat
of rage came with the passage of ha obama care -- of obamacare. they stop at nothing to get it passed, not even the constitution. and they sowed the seeds of their defeat last november when the american people rose up and rejected a big government. we don't want it, we can't afford it, so we fired the people that forced upon us. enough is enough. in the state of the union address, the message was sent at the ballot box and it was an historic election. we were just told that the era of big government is here to stay. and you will pay for it whether you want it or not. but they can't sell it to us. so this new version isn't just the state of the great society, it is much worse. it is couched in the language of national greatness. that is their version of american exceptional as them. it is an exceptionally big government. [applause] it declares we shall be great and innovative. but not by individual initiatives. it is the same tax-and-spend policies, but it is borrow, spend, tax. they didn't call led government spending, they call that stimulus. it did not stimulate anything but a tea p
obama says the transition these to start now. this is not only the most serious foreign-policy challenge for the administration, it was unforeseen and unlikely. it is not some crazy north korean actions or a terrorist attack, both of which we prepare and plan for. this, the swift, almost overnight demise of the mubarak presidency and possibly this fundamental change in the regime -- this is a challenge that was not really on anybody's radar screen just two-weeks ago. in that context, i think president obama and his advisers generally deserve high marks. at a time when we have been caught off balance in some of our statements -- we can get into that later if you like -- on balance, we have to find a policy and see it through. at its core, this is an evolving situation, the course of which the united states can only effect on the margins. if anything, it is that principle where we are testing american standing an american statements. it may be a bit risky. we have seen the president and his advisers advice and implement plans, revise their plans to changes on the ground, and we have seen a
-- a step in the right direction. the number we brought to the floor is $60 billion below the obama request. the conservative republican house is bringing discretionary spending is throughout the year is $60 billion below where the president requested that ago. this budget has $70 billion below. we want to take that seriously. i think that is something we will take a look at. you cannot go $700 billion for an agency and not expect ways to occur. we do not have peace right now. it is a dangerous world that got more dangerous recently. there is room for savings within the section of our government. did you have one? >> [inaudible] high-speed rail. >> we are not a fan of high- speed rail. we are sending a high steel rail -- rescinding a high-speed rail in this year's budget. that is something we disagree with. we disagree with high-speed rail. i can tell you about the wisconsin plan. to call it a boondoggle would be generous. we're rescinding funding this year. we do not think it is a good investment. >> i think it totals $120 billion over period of time. the president's proposal in the state
economic numbers that looked a little better forb cref president obama. we will see, but i think in the senate it's a very strong chance of the senate going republican. guest: ithe house would have to change a whole lot and i think if you were going to put theoult odds on the presidential race i would probably give the . president a little high yourf odds of getting reelected than not. n keep in mind that only one newly elected president who took over from the other party has lostd s the election in 100 years and as jimmy carter losing to ronaldrtr reagan. to the presidents tend to have a lot more resiliency or at least be elected presidents, the s people that come in and after the party has been in power. toa they tend to have a lot more lo resiliency than we give themhanw credit for. but the improvement numbers wil. become more meaningful at the end of this year. >> host: and the other party because of course of george herbert walker bush succeeded ralf mcginn -- >> guest: it's very interesting.he onl carter was the only newly he let the president took over the the site for 100
in al qaeda and pakistan border. and the drone started to take them out. including obama bin laden. since 2004, there had been 240 drone strikes. but we'll be hearing that people are being taken out who are unknown militants. like we don't hear them. we just see a figure, 12 militants taken out. 13 militants. some are still alive. so my question is that how longer will it take? and how much more fights will it take to take out osama bin laden? number two -- >> very quickly. very quickly. >> there was something about exporting terrorism. islam was exporting terrorism. we see like islamic or uzbekistan that it's coming from, arabs there, afghanis, there are iranian in pakistan. and then you see there is all enrollment in the providences. we don't have the countries to stop and you also have americans coming to pakistan. so we are not pressuring these countries to stop your members, stop your citizens from going to pakistan and committing terrorism against the people of pakistan? >> thank you. okay. one. >> elaine sorayo, fellow. this has been a great spirited panel. thanks a lot. we'
in another way. i'm particularly puzzled to have in the obama administration people tell us, well, it's ok, what it does is of course lead to consolidation and says the same amount of income but goes to a small number of larger entities and the smaller individuals are frozen out. and in the area that i represent, the fishing industry doesn't want it. so i hope what we'll do -- the gentlemen's amendment doesn't interfere with the magnuson act and the fisherman can get a system of quotas and transferable quotas which is in the magnuson act, transferable quota with a referendum because they couldn't impose that over the objection of the fisherman and came up with something called catch shares and what we're banning and need the referendum in place. the chair: the gentleman's time has expired. for what purpose does the gentleman rise? >> i don't believe anyone has risen to claim the time in op position. i would do that. the chair: that's correct. the gentleman from virginia is recognized for three minutes. mr. moran: mr. chairman, niece programs put together by the national oceanic and atmosph
very much like the four rows of microphones is three sides over there of the far, far left, the obama left and the new cambridge right which defense federal reserve banking, and that's fine. but we need to get this people out in the open to say, look, we believe in central banking and have the opposition of, no, we don't believe in central banking because we a doing now is talking about the systems of central banking and not the cause of all these symptoms, high unemployment, inflation, lower standard of living, the pressures of fiat money. i think you all do a big disservice in the tea party not to specifically address the issue of central fractional reserve banking and its monopoly over legal tender loss. so as a movement at think we need to come around to galvanizing, you guys believe in central banking. that's fine. we don't and so yawl need to get -- i think that is how we need to the kind of organize our forces to reedbuck my question is -- >> we get the question. look, two things. don't tell that the party but they ought to do. let me say, but ron paul has done in educating peo
, and newly updated with interviews with president obama and the first lady and comments from george and laura bush. the white house: inside of america's most famous home. 6 p.m. on c-span. >> middle east institute in washington, d.c. today hosted a discussion on the future of egypt and it's military. speakers included former u.s. military attache and cairo military committee. they will both confident egypt would run the military and cede control once the new government was in plate. >> good evening. i'm kate. thank you for joining for the examination of the egyptian military. come on in, we have a lot of seats here in the front. when we began to plan the talk, hosni mubarak was still in power. now that he's done, the question of the egyptian military, who they are, what their focus, and how they might react is more timely than ever. just to remind everybody, it was exactly one week ago, only a week ago that hosni mubarak stepped down handing over power to egypt's military to general muhammad and it's amazing to think it's all happened in seven days. since then the military has pledged to over
of subsidies, president obama called for a squeeze of cuts in subsidies for the oil companies and what affect, dr. newell, do you think such a cut would have on domestic oil production or gasoline prices? >> we haven't specifically evaluated the administration proposals for the changes in those tax incentives. >> fair enough but to those of my statement to the senate finance committee, i have this right here. alan krueger, assistant secretary, chief economist of the treasury department, said and i quote, because we expect little or no effect on the world supply of oil removing the subsidies would have an insignificant affect on the world oil prices tooby he goes on tuesday that of the decrease in the domestic production duties cuts would be less than one-half of 1%. even in the long run. this might sound rhetorical but if anyone wants to pick up on it doesn't that sound like an industry that, you know, that doesn't need tax benefits and subsidies to survive? anybody? >> one thing to keep in mind as we discussed the future of the fiscal terms that governor oil and gas companies, and again i am
of the with his new book, "possible government." he talks about president obama and his possible run in 2012 as the gop field begins to take shape. watch sunday at 6:30 p.m. and 9:30 p.m. eastern and pacific. >> without taking it in your city for a conference on digital privacy. media bistro is a website founded in 1993 for people who wrote richard worked in media- related industries. you will hear some of the leading thinkers on the protection of personal data. they talk about imports of managing information coming user expectations, and potential regulation in the area of online privacy. this is one hour and 15 minutes. >> just a reminder, there is wifi. the password is myn. hopefully it is working. now it is time for our keynote presentation. business week calls him the internet's ralph nader. he teaches information privacy law at georgetown. we're so honored and pleased have martin here. >> thank you. thank everyone for being here. i am very much pleased to be able to speak with you about what i think is going to be one of the tough issues in washington in the coming years. and just to i
some terrorist attempts in my country. i know because president obama has said in a public the you have done the same here in the united states, all the security forces keep on working day and night, as you say here, 24/7, working on that. but at the same time, as i say, they keep on trying, and they have all the advantages in their favor because they can choose the wind, the house, the moment. bake at -- they learn all the time. -- they can choose the when, the moment.e we learn from each other all the time, and the more we cottbus make our tactics better to combat them, the better prepared they are. sometimes, we are just lucky, as happened with the terrorist that tried to blow up a plane one year ago and ended up burning himself. or in the case of times square more recently. so they keep on trying. i can see different types of terrorist. on one hand, you have the ethnic national terrorist. then, you have those who try to use religion as an excuse, a preferred form of religion, to suit their interests and to use in their benefit. then, we have some sort of anarchists or -- i think ana
through at this point. i would say to my friend that president obama strongly supports this extension, i would say to my friend. president obama strongly supports this extension. he in fact wants it to go to december of 2013. we had a one-year extension put put in place by a vote of 319-27 on february 25 of 2010, there was a commitment then, certainly people inferred, we would have hearings. there was not a single hearing held during that entire period of time and we have made an absolute cmitment, we just heard from mr. sensenbrenner, we are about to hear from mr. lungren the chairmanf the cybersecurity subcommitteethat we are going to -- mr. johnson: would the geleman yield? mr. dreier: i yield right now to the geleman from gold river, five minutes. i wod love to engage in a colloquy if mr. polis would yield time on this issue. five minutes to my friend from gold river, the chairman of the cybersecurity subcommittee the speaker pro tempore: the gentleman from california is recognized for five minutes. mr. lungren: thank you very much , mr. speaker. i thank the gentleman, the chairman o
contracting to his credit, the obama administration has made significant strides to improve government contract and period in 2009 from the president directed federal agencies to streamline their acquisition processes and last year the amount of federal contracting declined for the first time in 1997. the administration's initiative off though resulted in a reduction of no-bid and other non-competitive contracts last year. finally, moving forward, we have to continue this progress by conducting our oversight efforts in a sustained, dedicated and bipartisan way. end of the chairman is committed to that. so i see that senator mccaskill has a right to know went to thank you, senator for coming. i know you have a hearing with secretary gates, so we really appreciate you coming over. if you have time for one or two questions after your prepared remarks, i would appreciate it if you give us any thoughts about how we can keep this oversight effort going on the contract project. what steps can we take, and maybe even together to try to avoid sitting here again in two years with the problems wo
of us did not think what is happening. in terms of taxes, obama under the administration, taxes are lower than when obama came in. it is a little hard to say he has taxed the recovery away. this is a recession brought by a deep financial crisis set up by a series of blunders by wall street. let us be clear that was initiated this. a lot of people took part. the people who bought homes in which -- how can i afford this? gee, if you have to say how can i afford this, you probably can't. there were appraisers, people trying to get the fast buck. everybody thought it was going to continue -- based on a house of cards. wall street started off. the only industry that could really bring the economy down the way it did, because it is the center of every other industry. every other industry makes its plans and the basis of using loan funds for interim projects, to deal with costs over a long time. would not have as much of their own money at stake if they could use lines of credit. we are in the midst of a financial crisis. everything looks buyer now. things seemed to be turning around.
increases in obama care and significant spending and the chairman of the budget committee said that obamacare itself spends $2.66 trillion. so, that's a lot of money. >> well, i always have said this so many times before that you must get tired of hearing it. but we did don't that health care bill, because we wanted somebody to throw a brick through my window or my life threatened. we did it because 17% of the gdp was spent on health care and rising all of the time and at such a clip that there is no way in the world to keep up with it. and the eventually, the way we are going is to simply paying social security and medicare and very little else and we did it really to try to get it under control health care spending in the united states and i would like to see it work. the same debate you are making now was made about social security and medicare and they would be the ruin nation of the world. >> i made a lot of debates on that myself, and of course, we have two different viewpoints on how to approach this, and we have heard the wvoice of the house, and 47 republicans in the s
. and effective for 2013 president obama has proposed to make permanent the estate tax parameters in effect of the mind the top rate 45%, 3.5 million exemptions which would not be indexed for inflation. on may 6th generation kansan raised on the family's dairy farm, and my kids are the seventh generation to grow up in eastern kansas. mr. secretary, as you probably know, kansas is an agricultural state, and i hope you have an importance or appreciation for the importance of the family farm to this nation. do you happen to lower the price of the new, is. >> i've never been a farmer, do not know but i would say one thing which is the agricultural community of the united states today is one of the strongest parts of the economy today, and you are seeing in exports of agriculture in the basic growth in agriculture a lot of encouraging signs of how strong this country is and if we want to do everything we can to make sure we are reinforcing that. >> and we feel like we are under attack here. a new, why in costs over $300,000 a new tractor, over $225,000. that's with nothing attached to it. if you
opinion, president obama's fiscal commission did a great job on the proposal. they are not my preferred policy, but i personally for reasons that i think an due would agree with but i think the proposals are reasonable middle ground between competing visions on dealing with the social security short fall. i have a more, i think, positive view of the commission proposals than some others do, and i have written favorably about them in the past and will do so in the future, but i think there are reasonable starting point and worthy of discussions going forward, and that's that. thank you. [applause] >> thanks. [inaudible conversations] [inaudible conversations] >> hi, good afternoon, i'm heidi hartman from the institution research. this is a report we released last month on social security vital to women and people of color and men increasingly reliant. i 4r tell you about -- i will tell you about our findings from this report and i'll take a special look at the program from a woman's point of view. first, i want to go over a few basics because i did notice they were kind of missing from t
be no barack obama as president of the united states of america. >> the congressman just mentioned changing the spirit of the south. could you tell us about the legacy of robert kennedy's contributions as they affected the world from, for example, south africa? >> well, i think, you know, he began even then in the maye that he came to the university of georgia to talk about the importance of the emerging nations of the world and how our own destiny was linked to that. i think this was the first time that a lot of those people in that room had ever heard anything like that. he had foresight to see where things were going. and he laid it out that day and he talked about, you know, the countries where, like south africa, where people were still under the awful racist system of apartheid and i think that his vision was about, as he said so often in so many of the speeches of his that i've read, including that law day speech, his vision was about not only an american society where justice and freedom and equality were values that everybody embraced, but a world society that embraced those vols.
president bush and then present obama and then the stimulus package and all of these other things are now to propose a budget as we start to turn the corner and move in another direction where you make these critical investments, continued to say this is a priority for our country is very important and i think you guys are showing some leadership. in spite of what some of the critics are saying. two quick questions. one, and we talked about this a million times, china currency. i think it is a major issue. i think it could be a major stimulus for the united states if united states if we do it. where we had with currency? are you continuing to push this? i can see a major stimulus that doesn't cost us any money. >> it is important to a lot of people up here and you know they are moving very gradually, but what you can see in the exchange rate understates the pace of appreciation because as you know, they have moved about 3.5% of the last six or seven months but inflation in china is much higher than the united states in part because of their exchange rate policy and that means in real term
million and president obama's budget request that was just submitted that we got on monday, asks for $451 million for 2014. that's almost half a billion dollars. when we have $1.5 trillion annual deficits, we have to get our budget under order. and the reason is because by leaving money in the private sector, that will create jobs, rather than the government and the favored programs having the money, if that money can stay in the private sector, people can invest and create private sector jobs. and those are the jobs that americans are really looking for. with that, mr. chairman, i yield back. the chair: the gentleman yields back. for what purpose does the gentleman from massachusetts rise? >> i rise to strike the last word. the chair: the gentleman from massachusetts is recognized for five minutes. mr. markey: i rise in support of the amendment offered by the gentleman from oregon that the majority has unfortunately ruled out of order. in this continuing resolution, the republicans are trying to dismantle one of the most precious landmarks of the entire media landscape. public broadcasti
administration began a process to analyze that decision. the obama administration came in and with the first 90 days issued an endangerment finding not based on independent analysis, based more on press releases as far as i can say that said yes, by golly, co-2 was a pollutant and they can regulate it and have since been truge to -- trying to shoehorn the regulation into the tenants of the clean air act. the amendments myself and mr. poe promulgated says let's take a time-out on co-2 regulation the next seven months and actually define what the greenhouse gases are we want to look at, and let's restrict the analysis to stationary sources on the regulations that are implemented after january of 2011. there is no question that if you regulate the clean air act -- the chair: the gentleman's time has expired. >> i yield to the gentleman another 20 seconds. mr. barton: it will cost hundreds of billions of dollars and destroy jobs without any real economic analysis to show it is a harm. i support the oppose-carter-barton amendment and hope the entire house will and thank the gentleman for yielding th
g today for morning hour debate. >> president obama spoke about his budget request and the long term federal deficit. he also talked about political unrest in the middle east. after that, we will hear from the white house budget director. later, house debate on spending. while the house considers a measure to keep the house operating through september, the house debates a bill reauthorize faa programs. -- reauthorizing faa programs. >> president obama says that the long-term deficit problem would have to be addressed on a long- term basis in the coming months. he also defended cuts and his proposal and for a peaceful end to widespread protests in the middle east. >> good evening, everyone. before i take a few questions, let me say a few words about the budget. just like every family in america, the government must live within its means well still investing in the future. if you are a family trying to cut back, you might put off a vacation, skip going to dinner, to focus on what you cannot do without. when i took office, led the deficit in half by the end of my first term. my budget m
anew. today, mr. chairman, we will hear testimony from representatives from president obama's national commission. in my opinion, we shouldn't be surprised by the findings of the commission to the likely causes of the deepwater horizon disaster or the systemic failures of the oil industry that contributed to this incident. many of these findings are consistent with what we heard during hearings before this committee in the last congress. similarly, many of the statutory and administrative changes recommended by the commission are consistent with those included in both this committee's bill and the consolidated land, energy and clich resources act of 2010, were the clear act that was approved by the house last year. mr. chairman, in my view, the prudent choice is for this committee to once again move legislation to address the warnings raised by this commission and other stakeholders on the very real threat of future oil still disasters. while some of the recommendations of the commission can be addressed administratively, we all know that several critical issues, such as the currently
meet with president obama. later, a hearing on state and local government debt. >> on tomorrow's "washington journal," we will get an update on the federal budget. later, won his story on the lincoln presidency and the 150th anniversary of the civil war. "washington journal," each morning at 7:00 and the heads of the cia and director of national intelligence testified that u.s. security threats. live coverage at 10:00 a.m. eastern. then at 10:30, james steinberg will take questions about the political unrest in egypt. that is live from the house foreign affairs committee. >> federal reserve chairman ben bernanke told a house committee he is not worried about inflation and talk about economic growth for 2011. he testified at the house budget committee which is chaired by paul ryan. we start with mr. bernanke's opening statement. >> thank you very much. chairman ryan and other members of the committee -- >> can you pull your microphone closer? >> thank you for inviting me. i am pleased to offer my views on issues pertaining to the federal budget. the economic recovery that began
. >> thank you. >> president obama has proposed cutting community development. >> the issue of urgency is the resolution that is before us. that is a huge cut. if that money is cut, then the budget goes to that baseline. there is nothing lasletch. we need to fight this budget and a win this one. >> we are not going to get distracted while we are living in 2011. that is the issue. this is something you have to pay attention to. we will deal if it -- we will deal with 2012 will make it to 2012. and it is difficult to focus on what you will have for breakfast tomorrow. we are focused this. as they indicated, at 62% we have to stay focused on where we are right now. >> this is the first time that there has been this to eliminate the funding >> this is not the first time. i believe our officer can tell you how many times mayors have bought this fight. >> it is more serious. >> can you come to the microphone? >> it is important to look at every president since nixon. president bush would try to eliminate the program. with the help with his secretary, we did it. this is not the first time. th
simpson are co-chairs of president obama's national commission on fiscal responsibility. mr. bowles is the former chief of staff for president clinton and while he was there was a pivotal negotiator in securing the first balanced budget in several decades. i think if you accomplished nothing else, that was a great thing. senator simpson served from wyoming for more than two decades and while he was in the senate, he forged a well-deserved reputation as being a forceful voice for common sense in public policy. i believe his wife ann is with us today. we appreciate you being here. our moderator is president of the ncpa john goodman, the " national journal" and "wall street journal" called him the father of health savings account. his blog has 1,300 reader every day, we'd like you to be among them. he often appears on cable network news and his columns appear in several national newspapers and other online media. would you please join dr. goodman and the staff of the ncpa in welcoming mr. erskine bowles and senator alan simpson. >> thank you, richard. even though it's snowing outside a
is to helpaccs prevent accidents. our chargeable all this to save lives. as long as president obama and i are on the job, we will neverl takenevest lightly. for their safety for granted. and i said over and over when it comes to safety we will not take a back seat to anyone. in service of this commitment and that congress' request, we launched to unprecedented studies into unintended acceleration in toyota automobiles, and in america's fleet of cars over all. we asked a straightforward question, can automotive electronic systems possibly cause unintended acceleration. one study, the national academy of sciences exploration of unintended acceleration across america's fleet continues. the other study, our partnership with masses, engineering and safety center has now come to a close. today, we can say clearly and affirmatively that nhtsa, america's traffic safety organization, was right all along. as we stated last year, there are only two real world causes of high-speed unintended acceleration in toyota's. first, some toyota formats and trap drivers gas pedal while their vehicles were in m
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